Wallets associated with Kimchi accused of short-term buying and selling for profit after STAR and other tokens were listed

According to Odaily and on-chain investigator Specter, the wallet (2yu...BMC) publicly shared by Kimchi in an X reply in April 2024 has been involved in several post-token launch trades. At 13:41 UTC on May 30, 2024, within one minute after STAR was deployed, a wallet linked to Kimchi bought in with 2.96 SOL (worth $407) and later sold for $45,600. At 23:38 UTC on June 11, 2024, two minutes after DADDY ANSEM was deployed, a Kimchi-linked wallet bought in with 4.94 SOL ($730), later selling for $14,600. At 22:45 UTC on June 26, 2024, within one minute after MUVA was deployed, a Kimchi-associated wallet bought in with 2.9 SOL ($407) and later sold for $53,000. Specter also noted that an exchange deposit address cluster revealed five more wallets that participated in the same MUVA launch bundling trades. Currently, there is no verifiable evidence proving that Kimchi earned an eight-figure profit in US dollars through the TRUMP token.